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Bitcoin Spot ETFs Add $241 Million for a Third Straight Week

Blackrock’s IBIT led weekly gains with $450 million, while Fidelity’s FBTC had the largest outflow at $168 million.

By Enna Lee
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Bitcoin tokens rest beside a balanced stack of investment prospectuses / TokenPost.ai
Bitcoin tokens rest beside a balanced stack of investment prospectuses / TokenPost.ai

Bitcoin (BTC) spot exchange-traded funds extended their net inflow streak to three weeks, adding $241 million from Sept. 28 through Oct. 2. Blackrock’s IBIT led gains, while Fidelity’s FBTC recorded the largest weekly outflow.

IBIT drew $450 million during the period, bringing its cumulative net inflows to $65.73 billion. Ark & 21 Shares’ ARKB added $25.5222 million, with cumulative net inflows of $1.4 billion.

FBTC lost $168 million, the largest weekly outflow among the funds. Its cumulative net inflows stood at $10.9 billion.

Bitcoin spot ETFs held $108.89 billion in net assets, equal to 6.42% of Bitcoin’s total market capitalization. Cumulative net inflows reached $57.79 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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